Rocket Internet, a German start-up company, has been marked as a global platform that aims to create a business model for emerging markets. The Samwer brothers, Rocket Internet founders, have been seeking out potential investors in recent months and have landed a deal with the Philippines Long Distance Telephone Company, according to Forbes. Tech Crunch reported that the two companies have agreed upon a partnership to further cultivate online and mobile payment merchandises. With this, PLDT has invested nearly $445 million in order to receive a 10 percent stake in the Internet company. The investment “demonstrates our commitment to the…
Author: Megan Harrison
General Motors has put itself in a bind with another recall that has left customers fearing their own cars. This marks the third recall on a set of SUVs with power window switches that are likely to catch fire, according to The Associated Press. The severity of the recall is so extensive that customers have been asked to leave the SUVs outside until repairs have been made. This mechanical issue affects nearly 189,000 vehicles, and patience from these drivers is running low as the company announced the previous two recalls did not sufficiently fix the issue, according to Bidness Etc.…
Coach Inc. can’t seem to get it all right. According to Bloomberg News, the luxury brand rejoiced as its profits exceed expectations, but this breath of relief was followed by a gasp for air – and another, and another. The Business of Fashion reported that sales declined just over seven percent this past quarter, which marks the fourth regression in a row. “The fourth quarter capped a challenging year for the company, most notably in the North America women’s bag and accessory business,” said Chief Executive Officer Victor Luis, according to The Independent. The root of this downfall is accredited…
Samsung Electronics Co Ltd has reached a point where it seems to be leveling off in its innovative impact on the technological gurus. The electronics frontrunner is striving to reinvent itself and create a fresh outlook without straying away from its original mentality, according to Reuters. Despite Samsung’s recent growth and reestablished reputation, the company fears a burnout that will send the business down in flames. According to CNBC, chairman Lee Kun-hee strives to keep the company in a “state of perpetual shake-up” in order to prevent stagnation of leadership ideals. “The company is in somewhat of a Catch-22 when…
Milan-based luxury group Prada SpA reported sales were only up one percent, which indicates an unfortunate decrease from previous years. According to Bloomberg News, this downfall marks the slowest half-yearly sales increase in three years, which is partially accredited to a slower demand from Asia and Europe. MarketWatch reported that sales for the first half of the year totaled to $2.34 billion, but the company argues these figures are due to decreased sales in Korea, Hong Kong, Singapore and Europe. Even with sales at an eight percent increase in America, the weak economic stability of the other nations left Prada…
Ralph Lauren Corp. reported a drop in its fiscal first-quarter profits, which comes as a huge disappointment for the high-end clothing company. According to The Wall Street Journal, the company’s earnings fell just over 10 percent due to a continuation of expansion costs. Even with revenue growth, however, Ralph Lauren still fell short because of expenses from other areas. The Associated Pressfound that the company’s profits fell $162 million from $181 million, equivalent to $1.80 per share, which actually exceeded analysts’ expectations of $1.75 per share. “Our better-than-expected first quarter profitability reflects excellent progress on our strategic initiatives, including double-digit…
Tourists often line up outside of the famous store featured on the reality TV show “Pawn Stars.” According to the Associated Press, Gold & Silver Pawn Shop co-owner Rick Harrison has planned to build a shopping center around the store in order to give customers a little entertainment for the long wait. The Las Vegas Review-Journal reported that the new building is to resemble that of a giant Rubik’s Cube. The plan is to use Xtreme Cubes System built by Xtreme Manufacturing to build the center. The plaza is designed to contain six restaurants and roughly 16 smaller stores, which should…
Hilton Worldwide Holdings Inc. recently announced an upcoming technological advancement that will make the smartphone more than just an average phone. According to The Wall Street Journal, the company has planned to turn mobile phones into hotel room keys. Customers already have the ability to check in and out of the Hilton hotels with their smartphones, so now there’s an even bigger luxury in the works to take place starting in 2015. BGR reported that the innovation is part of a $550-million investment that will provide this convenience to all 4,200 properties by the end of 2016. This new amenity…
Bank of America has been put in a financial bind after a federal court judge found the corporation accountable for fraud over defective mortgages sold by its Countrywide division, according to Reuters. The U.S. bank now owes $1.27 billion, and the monetary troubles are of rising concern for the unit. U.S. District Judge Jed Rakoff found former Countrywide executive Rebecca Mairone guilty following defective loans given to “government-controlled mortgage companies Fannie Mae and Freddie Mac,” according to Reuters. “While the HSSL process lasted only nine months, it was from start to finish the vehicle for a brazen fraud by the…
Target Corp. has hired PepsiCo Inc. executive Brian Cornell as its new CEO. According to USA Today, this is the first time Target has hired outside of its corporate branch, and it is looking to bring in a fresh perspective following former CEO Gregg Steinhafel’s business difficulties. The new head honcho has come at the perfect time because Target has been struggling to repair itself from complications in its Canada stores as well as other concerning commerce downfalls. Cornell replaced interim CEO John Mulligan, who stepped in after Steinhafel stepped down, according to The Huffington Post. “As we seek to…
Nintendo is struggling to keep business afloat as its first fiscal quarter loss nearly doubled when compared with the same quarter the previous year, according to The Wall Street Journal. The videogame corporation has had a difficult time making ends meet in the recent months, and this quarter does not seem to show any promise either. Even with Wii U tripling in sales, the company still managed to suffer a $93.1 million overall operating loss, according to TechCrunch. Nintendo distributed 510,000 Wii U units, but this still fell short of expectations. The Wall Street Journal reported that Nintendo 3DS sales decreased 41…
Twitter Inc. exceeded second-quarter expectations and earned revenue that mirrors the company’s recent user expansion and growth. According to Fox Business, Twitter now has nearly 271 monthly active users, and this positively reflects its 124-percent increase in revenue when compared with the same quarter last year. This upsurge in users led to revenue of $312 million, which outshines Thomson Reuters’s predicted $283 million income for the social media network, according to Fox Business. “Our strong financial and operating results for the second quarter show the continued momentum of our business. We remain focused on driving increased user growth and engagement, and by developing…
Ramadan is known as Islam’s most holy month, and a monetary boost for retailers worldwide comes along with its sacred nature. Many disapprove of the industry’s tendency to reap marketable benefits from what should be a divine holiday, but there is no denying that the Middle East is the source of a profitable business outlet. According to The Business of Fashion, DKNY jumpstarted a Ramadan collection filled with modest clothing that pinpoints prosperous Arab consumers. Jihad Fashion reported that high necklines and low hemlines captured the essence of the new line. “I think it is really, really important the world come…
Louis Vuitton owner LVMH has suffered in sales during its second quarter. The industry leader, known for its luxurious fashion and cosmetic products, has undergone a tough downfall, and according to Reuters, this is due in part to protests Hong Kong. Reuters reported that LVMH shares sunk nearly 7.2 percent on Friday, which is its largest drop in 24 hours since 2009. Other company sectors are suffering the repercussions as well, and the conflict is stemming from pro-democracy protests and government spending advisories in Hong Kong, according to Red Luxury. “We believe this sends a cold chill to investors who…
Dollar Tree has bought out Family Dollar for $8.5 billion, according to an announcement Monday, July 28. This cash-and-stock deal is valued at $74.50 a share, and Family Dollar stockholders will obtain $59.60 in cash and $14.90 equivalent in Dollar Tree shares, according to USA Today. “This acquisition will extend our reach to lower-income customers and strengthen and diversify our store footprint. We plan to leverage best practices across both organizations to deliver significant synergies, while we accelerate and augment Family Dollar’s recently introduced strategic initiatives. Combined, our growth potential is enhanced with improved opportunities to increase the productivity of the…
FRAMED is a new digital form of art that displays a picture through technological realms. The new development has reached Kickstarter, and according to the site, it is an Internet-connected display that hangs on the wall and allows one to choose artwork depending on his or her desires. Developed by Japanese startup FRM, the innovation has already raised nearly $300,000 with its Kickstarter campaign. Kickstarter reported that the full-HD IPS display has a walnut frame with inner graphic processing that permits one to choose artwork digitally. This visually stimulating masterpiece has created a new array of possibilities with one simple…
American Apparel has been through the wringer in recent weeks after sexual harassment lawsuits and racy advertising campaigns have put the company in a negative light. However, it has since been striving for change and just announced that a female has been appointed director for the first time in the company’s history. Colleen B. Brown, previous CEO of Fisher Communications, is taking on the new role with impressive credentials. She led Fisher Communications for eight years, and she directed the sale of the company to Sinclair Broadcast Group Inc. for approximately $340 million just last year, according to Business of…
Sense, the sleep system that tracks one’s sleeping behavior throughout the night, raised over $120,000 on Kickstarter in just a few hours. According to Kickstarter, this device combines noted sleep patterns with environmental triggers in the bedroom, such as noise, light, temperature and humidity, to make one’s sleeping experience more pleasant. James Proud, a member of the Thiel Fellows, founded Hello Inc., which will release Sense as its first product. “I wanted to create something that didn’t feel like a piece of electronics that you don’t want, like an Apple TV sitting beside your bed. It had to be something…
Tiffany & Co. Chief Executive Officer Michael Kowalski has announced he will be stepping down and releasing the supremacies to President Frederic Cumenal. Kowalski has run the jewelry company for the last 15 years, but on April 1, 2015, he will be relinquishing his power and taking on the role of nonexecutive chairman, according to Bloomberg News. Cumenal will become the new CEO after just four years of joining the company. Reuters reported that during September 2013, Cumenal was appointed to president and given a new position on the company board. His prompt success at Tiffany’s thus far looks to…
Netflix has decided to expand its business reach into European markets in order to continue its profitable earnings. According to BGR, a letter to shareholders confirmed that Netflix’s plan is to increase commerce in Europe as early as September and introduce six new markets. “In September, we’ll be launching Netflix in Germany, France, Austria, Switzerland, Belgium, and Luxembourg. This launch into markets with over 60 million broadband households will significantly increase our European presence and raise our current international addressable market to over 180 million broadband households, or 2x the number of current U.S. broadband households,” Netflix wrote in the…
Coach Inc. has left 150 people jobless in an attempt to monitor monetary costs. The layoffs took many by surprise, but Coach felt it was necessary in order for the company to flourish during the economic recession. “During our analyst and investor conference in June, we unveiled a comprehensive long-term strategic plan to reinvigorate our business. To that end, we’ve announced certain restructuring actions to align our resources for maximum impact while effectively managing our expense ratio,” Coach said in an email, according toBusiness of Fashion. The job dismissals totaled at over 10 percent of Coach’s U.S. corporate staff of…
Primark has decided to expand its business reach into the United States, and many remain intellectually curious as to what fuels the company’s quick international growth. According to Reuters, the discount store left its mark in Europe after offering “fast-changing fashion” for dirt-cheap prices. The first Primark store is set to open in Boston, Massachusetts toward the end of 2015, according to BBC News. The 70,000 square-foot shop is supposed to be the first of many others that will open along the northeastern side of the U.S. during 2016. “We’re a volume business. We sell 300 million pairs of socks…
J.Crew has been caught in the line of fire for its introduction of the sizes 000 and XXXS–sizes that many feel are simply unattainable. People are outraged at the message that the company is sending to women all around the world. According to The New Yorker, J.Crew stated that the 000 size was introduced solely due to persistent requests from petite Asian customers. Fiery shoppers are still offended, and the backlash has reached a criticizing peak. With its new store openings in Hong Kong, J.Crew has attempted to fulfill the needs and satisfactions of an overarching number of individuals. “We…
The last time the Indiana Pacers and the Miami Heat played, Lance Stephenson gained an unfortunate social stigma with his name. Stephenson was caught blowing in LeBron James’ ear during the NBA playoffs, and ever since then, the public has viewed Stephenson unfavorably. Stephenson has been fighting to break away from this negative association and bring the focus back to his basketball skills. “I feel like it overshadowed my play on the court. I bring more to the table than just blowing in someone’s ear. I’m a great player,” Stephenson said, according to Daily News. The Source reported that Stephenson…
Laura Geller Beauty announced this week that it has appointed Elana Drell Szyfer as the new CEO of the company. Elana has many years of expertise in the field with an impressive résumé that reaches to Estée Lauder, L’Oreal and Avon, according to Jewish Business News. She plans to continue on with the company’s revamp and global expansion of its branding image. Former CEO Alyce Cucurullo informed the Laura Geller team and key partners of her exit in an email that stated, “I’m happy to report the building blocks have been laid; the core team is in place; and the…
Coca-Cola has expanded its business parameters with its new “Share a Coke” campaign that has now encompassed social media outlets. This overarching marketing movement started in early June and has since skyrocketed in popularity. The campaign, which has replaced the bottled Coca-Cola logo with prevalent names among teens and those a bit younger, has really grabbed people’s attention, especially among that generation. “Summer is the perfect time to get together with others and share moments of happiness over an ice-cold Coke…Now, enjoying a Coke with your name on it and sharing the occasion with someone else makes these moments even…
After Moet Hennessy Louis Vuitton (LVMH) filed a lawsuit at eBay in 2008 over the selling of brand knockoffs, the two have encountered many legal complications throughout the years. However, Reuters reported that an agreement between them has finally been reached, and they have officially settled on a two-way compromise. “eBay and LVMH today announced a cooperative effort to protect intellectual property rights and combat counterfeits in online commerce. Thanks to the cooperation measures put in place, the companies have settled ongoing litigation,” the two companies said in a press release on Thursday. The agreement comes as a huge relief…
As life becomes increasingly hectic, it’s only common for people to rush through their lives on a daily basis. They’re so quick to get from here to there that they miss opportunities for something important: romance. Well, French entrepreneurs have come up with a new mobile app to solve this problem. According to Tech Crunch, this new app uses phone locations to show potential matches. Anytime two users cross each other’s path within a 250m radius, their profiles will show up on each other’s feed. “The newsfeed personalization is really important. It’s based on real life, and this is key. It…
Atlantic City is suffering, and there is little hope that it will be able to financially withstand two more months of business. According to Press of Atlantic City, one in four employees of the Atlantic City casino industry might lose their job after the possible closing of Trump Plaza Hotel and Casino. The casinos are in desperate need of finding buyers to keep their businesses afloat. The New York Times reported that The Atlantic Club has already shut down, and Showboat and Revel are set to close later this summer. The Trump Plaza Hotel and Casino has also just received…
As many know, Nike and Adidas have an ongoing rivalry that has yet to be settled. No one has ever been able to say which brand can officially be crowned the winner. What’s a better way to compare the two sporting companies than with The World Cup? Well, it turns out the two competitors both put up tough battle throughout the games in order to win customer votes. Nike sure made a name for itself having soccer-related income raise 21 percent to $2.3 billion in the fiscal year that ended on May 31. “I promise you it will continue like…
The Germany and Argentina fans weren’t the only ones that tuned in for the World Cup Final. In fact, the last match broke social media records and produced a larger trending reaction than ever before. The world was historically unified through media platforms that exploded with activity. According to BBC, Facebook’s figures for the final World Cup match show that “88 million people had more than 280 million interactions on the platform during the game,” which calculates to be 35 million more interactions than the 2013 Super Bowl. Read also: World Cup Final Scores High Ratings and Breaks Records in Social…
Qatar was named the host country for the 2022 World Cup, but many people are hesitant as to the legitimacy of the choice. The Independent reported that a “thorough investigation” has been issued after allegations that bribery and dishonesty were major factors in the selection. According to The New York Times, five of FIFA’s sponsors have come forward with apprehensions after emails and financial records revealing that Mohamed bin Hammam, a Qatari tycoon, paid over $5 million to have Qatar elected as the succeeding host country. Sony was the first of FIFA’s corporate partners to dig deeper into the legislative nature of…
Microsoft’s CEO Satya Nadella is shifting the company into a new dynamic. Former CEO Steve Ballmer had previously implemented strategies for the business that Nadella is now out to change. According to PCWorld, Ballmer had fixated Microsoft’s attention to a “devices and services” theme, which Nadella wishes to adjust. “While the devices and services description was helpful in starting our transformation, we now need to hone in on our unique strategy,” Nadella said in a recent email to all his employees. Nadella’s goal is to reinstate core values into the company and to demonstrate that Microsoft is “the productivity and…
American Apparel Inc. is holding on for dear life. It has just made a deal with shareholder Standard General that will financially save the company from spinning into bankruptcy. According to Los Angeles Times, the retailer has agreed to receive $25 million from the investment company in order to handle the monetary concerns and bring in a new management board. The deal is set to eliminate founder Dov Charney and other members from their board positions, according to Mashable. The board of directors removed Charney from CEO in June after poor business judgment and lawsuits with female employees. Mashable reported…
Just in case anyone was wondering, Tim Cook is not Steve Jobs – surprise, surprise, right? Well, apparently some people expect Cook to run Apple exactly as Jobs did. Not only is this impossible, but it’s unrealistic. In fact, BGR reported that the one piece of advice Jobs left Cook before passing away was to never ask himself, “What would Steve Jobs Do?” when making a decision. “I’ve abided by that [advice]. I think [Jobs] did that because I think he wanted to relieve what might have been an enormous burden on me. Because of that, I’ve always been able to…
Ellen DeGeneres is taking on a whole new gig with her fame. The businesswoman is adding something else to her list of expertise that may not come as a huge surprise. DeGeneres has decided to launch a new line of products that will reach “from home to fashion to chic wares,” according to Women’s Wear Daily. The new brand will be called “E.D.,” which is a nickname that was given to DeGeneres by wife Portia de Rossi. Today reported that DeGeneres has teamed up with J. Christopher Burch, the CEO of Burch Creative Capital and founder of C. Wonder, to…
There are significant questions being raised as Christopher Bailey, Burberry’s chief creative officer and chief executive, is receiving pay that many argue is extensive. Bailey is in line to receive over $44.5 million in shares from next year, according to Fashion Telegraph. Three influential advisory bodies brought the pay deal to question from apprehension about it not being performance-based, Vogue reported. In addition to the $44.5 million in shares, Bailey already has an arrangement to receive almost $1.9 million for his base salary and over $750,000 as an allowance every year. The Institutional Voting Information Service released an “amber” warning…
Sass & Bide is in for a big change as founders Heidi Middleton and Sarah-Jane Clarke have decided to part ways with the company, according to Vogue. After 15 years behind the brand, the two designers are now moving on to fulfill another area of their lives. “Both Heidi and Sarah-Jane have been slowly transitioning out of the business, and it has now reached a point where both girls feel confident that the business will go on to grow and thrive without their day-to-day involvement,” Sass & Bide said in a statement, according to Vogue. The business may be able…
Lululemon Athletica Inc., the clothing company that primarily specializes in yoga and other athletic gear, has been rumored to be in line for a possible buyout, according to the Huffington Post. Dennis “Chip” Wilson, the founder of Lululemon, has advisers that have been in conversation with private investors, such as Leonard Green & Partners, to discuss a financial takeover. Wilson stepped down from his position as chief executive in 2005 and also gave up his role as chairman in May. He currently stands as a director, but he has “grown increasingly unhappy with the strategic direction set by the retailer’s…
It has been a good week for Mark Fields. Being bumped up to CEO of Ford, Fields waves goodbye to his old position as chief operating officer. He will be taking Alan Mulally’s vacant position, as Mulally retired Tuesday, July 1, according to USA Today. There is a lot of chatter about the new adjustment, but there seems to be high hopes for Fields’ success. Ford wasted no time acknowledging Fields as a highly esteemed individual. CNN reported his pay increased from $1.54 million as COO to $1.75 million on day one of being CEO. There are not many people…
The United States suffered a tough 2-1 loss to Belgium to end its World Cup run, but there is something more important that did not end at the blow of the final whistle—patriotism. The game of soccer has not ever really been the focused sport of the U.S., but the World Cup brings something special every four years, and this time, it appears to have had a bigger impact than ever before. Read also: World Cup Escalates restaurant Business Most businesses put a hold on their schedules when 4 p.m. rolled around on Tuesday, July 1. Some workers left…
George Talley never thought he would see his car again after it was stolen from Jefferson Ave. in Detroit. It was not until a phone call from AAA on June 13 that he learned of his rediscovered car—33 years after it was stolen. His 1979 Chevrolet Corvette was an item of theft in 1981, and it was recently located in Hattiesburg, Mississippi, according to the Associated Press. The 71-year-old man was ecstatic to hear that his car was ready and waiting for him. “It was a lucky day to hear that my car had been found,” Talley said, according to…
When people wake up in the morning, they expect to be in control of their own happiness throughout the day. It’s a part of life; it’s a freedom that each person is given. Well, news broke that Facebook recently manipulated this liberty, and many people are upset with the invasion of personal sentiments. According to CNN, Facebook altered the content that 690,000 viewers were shown in order to determine if either negative or positive messages had an impact on their mood. The research findings from Cornell, the University of California, San Francisco and Facebook were just released in Proceedings of…
Tailors worldwide are about to receive a whirlwind of business in the upcoming months. As Apple prepares to release the new iPhone 6, clothing companies are somewhat dreading the repercussions of the new craze. With the industry in full belief that bigger is better, the next iPhone is expected to be a store buster and a pocket buster. Read Also: New iPhone 6 is on the Way The new screen ranges from 4.7 inches to 5.5 inches, which is significantly larger than the current 4-inch screen. At first thought, this comes across as a wonderful addition. However, digging…
News and media outlets have been flooding the public eye with information about Jeremy Meeks, the man who has been glorified for his good-looking mug shot. All of the coverage has put Meeks in the spotlight and made his appearance quite a hot topic. The mugshot has gone viral and landed Meeks some modeling attention. A career in modeling doesn’t look promising, but he has a shot at some industry work, according to some of New York’s top agency members. “I think he has an interesting look, but it’s not long-term,” said Allen Osborne, head of the men’s division at…
Fear is running high as a Northern Ireland shopper found a letter from a Chinese insurgent in a pair of slacks she bought from a Primark store. Guilty fingers are pointing at Primark, but the company stands firm that there is no evidence they purchased clothing from a slave labor camp. According to The Guardian, the distress note read: “SOS! SOS! SOS! We are prisoners in the Xiang Nan prison of the Hubei province in China. Our job inside the prison is to produce fashion clothes for export. We work 15 hours per day, and the food we eat wouldn’t…
There are many small business cultures that are fueling the industry at large. Small business is a unique concept that is starting to lose credibility as employment standards and growth are escalating into a corporate-based foundation. However, there are various aspects of a trivial business that are beneficial to a company’s functioning. According to Staples, a recent online survey discovered that employees at companies with 100 or fewer employees are actually happier while at work. These results are a huge plus for small business owners, but how do they maintain this environment when the culture is always pushing for bigger…
Advertisements are the one aspect of a business that have the ability to catch a customer’s attention in a matter of seconds. It’s a company’s way of simultaneously selling itself to millions of people with the exact same approach. Every individual is different, so not all ads have the same effect. With Photoshop, however, businesses are one step closer to successfully persuading all of their clients. Advocates of Photoshop are slimming as the program has begun to skew one’s perception of authenticity. There was a bill brought to Congress in late April that has stirred up a much needed reality…
As the World Cup is underway and competition is getting more intense, the business in sports bars and pubs is skyrocketing. Soccer fans are filling up any restaurant that has big enough televisions to showcase the games. The entire United States is feeling a similar effect – one that only comes once every four years. There’s no denying that the industry has thrived from the worldwide sporting event this past month, and there’s no sign of it slowing down anytime soon, either. “Our first USA game, it was like St. Patrick’s Day in here,” said Stacey Taylor, a manager at…
Apple has come out with a new form of security that will keep the information in one’s cellphone safe even if it’s stolen. According to US Day Care Jobs, iPhone users now have the ability to erase data remotely in order to protect their identity and anything else a criminal could get his or her hands on. New York Attorney General Eric Schneiderman, reported that the feature, called Activation Lock, was presented in September and has since lowered Apple product thefts by 19 percent when compared with the previous year. Not only this, but grand larcenies in all of New York…
After losing 2-0 to Chile at Rio de Janerio on Wednesday, Spain’s World Cup team headed home with heavy hearts. Being crowned champions four years ago might be what made the first round dismissal that much harder. According to The New York Times, the blow of the final whistle initiated an “E-lim-i-na-do! E-lim-i-na-do!” chant from the Chile fans. The chanting echoed disappointment around the stadium and reminded Spain players that this World Cup didn’t bring much more than empty promises. For such a strong team, one that had also just won its second consecutive European championship, the quick exit came as…
Facebook is getting more personal – again. Just when it seems like Facebook has already overstepped its boundary of privacy, it takes one more giant step in that direction. It has now decided to emphasize its targeted advertising system through seeking information about users outside of what they already provide within the social network. In the past, Facebook based its advertising off of “liked” posts and comments within the network’s system. Now, however, it’s creating internal user reports grounded on browsing data outside of Facebook, such as other websites and mobile apps, according to The Raw Story. “Let’s say that you’re…
Top-ranked tennis player Maria Sharapova is set to be the face for the new Avon Luck fragrance as of today. The athletic yet classy Sharapova wholly characterizes the scent’s image, standing firm with its celebration of life’s goodness and endless opportunities. “I am excited to represent Avon Luck, a fragrance that reminds us to savor and truly enjoy our triumphs. I always say the harder you work, the luckier you are because you strive for bigger goals. I love being able to partner with a company like Avon that empowers women around the world to accomplish their dreams,” said Sharapova. As…
Vera Bradley’s sales are down, and the company is desperately trying to keep its head above water. With its customer base dwindling and showing no signs of improvement, the business known for its floral handbags and accessories was in need of finding a new spot to bloom. Vera Bradley has decided to partner up with Macys and sell its products at 70 store locations across the United States. As a leading designer for women’s luggage and accessories, the 30 percent decrease in earnings really took a toll on the company’s profit. Robert Wallstrom, Vera Bradley’s CEO, stated in a post-earnings…
Walmart apologized after its truck driver Kevin Roper hit Tracy Morgan’s limousine from behind, killing comedian James McNair and seriously injuring Morgan and three others. Roper plead not guilty, but police say Roper hadn’t slept for over 24 hours when he sent his semi-trailer sailing into Morgan’s vehicle. The six-car accident is causing uproar among the public, and Walmart is in the direct aim of fire. According to Bloomberg, Bill Simon, president and CEO of Walmart, responded to the calamity saying, “This is a tragedy and we are profoundly sorry that one of our trucks was involved. We are working…
The Tie Bar, a men’s accessory business that’s exclusively known for its neckties and bowties, has hired a new CEO. Michael D. Alter, who used to be the President and CEO of SurePayroll for 14 years, has been chosen to replace Anand Shah, who left the business in March. The new 46-year-old CEO reflects upon Tie Bar’s recent success, stating that it grew in revenue from 10 million in 2012 to 16 million in 2013. He has high hopes for continued growth as he takes the reigns of the new position. Alter’s expected success is due in part to his…
All the technology gurus are in for a treat, as Apple has set the release date of the iPhone 6 for Sept. 19. There has been a lot of talk regarding the new craze and all the advancement it entails. Sources say Apple has been in close competition with Android, but it expects the slower sales in 2014 to be counteracted by the projected sales from the new iPhone. So what does this new device have that’s different from what the iPhone has previously released? Well for one, the front retina display will be the largest for an Apple product…
Jinnah International, Pakistan’s largest airport, fell under attack yesterday in Karachi after a Taliban group entered the premises and released fire. It has been reported that at least 24 people have been killed and 15 have been injured following a standoff that led to gunfire. The assault took the lives of 14 civilians and 10 militants, leaving the country distraught and many, many hearts shattered. The Taliban group was disguised as security guards, which allowed them access through checkpoints without much question. The rebels then blustered through the inside, reaping havoc that lasted until approximately 5am yesterday morning when the…
What could be better than being in a stadium seat during a World Cup game? Well, nothing. Most aren’t fortunate enough to have the privilege to actually be at the game, so Brazil has decided to bring the games to its people. British retailers have imported approximately 3.3 million TVs to date in preparation for the big tournament. Television manufacturers are beyond pleased with the results. Sources reveal that the shipment makes for a 57 percent increase in comparison with this quarter last year. This doesn’t come as a huge surprise, as major sporting events usually make for the sudden…
The Stanley Cup final is just around the corner, and two long time rivals will be fighting it out for the win. New York and Los Angeles are at it again, but for different reasons than normal. It’s not longer a battle on the runway; it’s a battle on the ice. The two cities have thrived together in the entertainment world for many, many years, but they have yet to meet head-to-head for a sports title since the 1982 World Series. So how did these two teams get set up, anyway? The Los Angeles Kings beat the Chicago Blackhawks on…
Samuel L. Jackson is the chairman of One For The Boys, a campaign that raises money to go towards the education, care, research, treatment, and awareness campaigns for men with cancer. Due to this, Jackson will be hosting the company’s Fashion Ball in London on June 15. Sofia Davis founded One For The Boys in 2012, and it has since to be a charity of change. “Men don’t tend to talk about their health issues, worrying about appearing vulnerable. The problem is that they do not have enough information on the subject,” said Jackson. The event is set to take…
Facebook has made a recent attempt to get more personal. “Facebook is rolling out a new feature for its smartphone app that can turn on users’ microphones and listen to what’s happening around them to identify songs playing or television being watched.” Many people are hesitant of the technological advancement. It’s an invasion of privacy, per say. The aim of this new app, however, is for users to have an automatic way to update their statuses and communicate to the world what they are doing. The Facebook newsroom made clear in its announcement that the feature was optional, and no one is forced to…